RE: Share price around 6 month after16 May 2020 19:18
Hi Rohan. I seem to remember a couple of people on here in around that price. I was to new to this company and bought in at 69 and bailed at a loss and watched it fall to 51. Silly really because since then I’ve been watching the daily rises, falls. Reading more about the co etc. To be honest I surprised it’s not peaked again up in the 70s.
You could try averaging down as Shaz was saying but it depends how busy you are in your daily life. It is a good trading share atm, plenty of people here doing that very successfully. I’m looking long, long term now.
The main thing is you haven’t bought into a badly run company on aim. It’s a solid company on the ftse run by 2 brothers who are heavily invested in this, 38% maybe, please correct on this anyone? They are buying out other companies and expanding where they can. Currently the 2nd largest cinema company in the world.
In theory we will be in a rising market soon for the next 5 years or more. But there might be some dips before it starts to rise. The last broker rating was 1.40, down from 2.30 I think. You will get your money back and more if you have some patience.